{"id":40193,"date":"2018-01-09T11:56:26","date_gmt":"2018-01-09T11:56:26","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=40193"},"modified":"2018-01-09T11:56:26","modified_gmt":"2018-01-09T11:56:26","slug":"why-is-our-government-is-so-keen-to-turn-a-blind-eye-to-financial-crime","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2018\/01\/09\/why-is-our-government-is-so-keen-to-turn-a-blind-eye-to-financial-crime\/","title":{"rendered":"Why is our government is so keen to turn a blind eye to financial crime?"},"content":{"rendered":"<p>I <a href=\"https:\/\/www.bbc.co.uk\/iplayer\/episode\/b09m5wdd\/panorama-millionaire-bankrupts-exposed\" target=\"_blank\" rel=\"noopener\">recommend watching this edition of Panorama<\/a>, broadcast last night.<\/p>\n<p>It looks at those abusing UK bankruptcy law.<\/p>\n<p>It notes how easy it is for fraudsters to form companies - even from within prison.<\/p>\n<p>And it notes the lameness of the government's excuse. I quote the concluding comments of the programme<\/p>\n<blockquote><p>\u00a0My investigation has revealed a bankruptcy system fraught with problems.\u00a0 A lack of resources; regulation, a\u00a0 lack of monitoring\u00a0 and robust punitive measures.<\/p>\n<p>The government is quick to say that business is key to a healthy economy<\/p>\n<p>But allowing the unscrupulous to flourish puts that at risk.<\/p><\/blockquote>\n<p>I noted in <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2018\/01\/09\/why-is-the-uk-government-so-keen-to-help-money-launderers\/\" target=\"_blank\" rel=\"noopener\">another post this morning<\/a>:<\/p>\n<blockquote><p>The UK government really is intent on promoting opportunity for money launderers and those committing related crimes, such as tax evasion.<\/p><\/blockquote>\n<p>I asked:<\/p>\n<blockquote><p>Why is that?<\/p>\n<p>What is it that the government thinks to be to the advantage of the UK when doing so?<\/p>\n<p>That\u2019s a\u00a0question in need of an answer.<\/p><\/blockquote>\n<p>The very same questions could be asked as a consequence of the conclusions drawn by the Panorama programme.<\/p>\n<p>We need to know, why is our government is so keen to turn a blind eye to crime?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I recommend watching this edition of Panorama, broadcast last night. It looks at those abusing UK bankruptcy law. It notes how easy it is for<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2018\/01\/09\/why-is-our-government-is-so-keen-to-turn-a-blind-eye-to-financial-crime\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,14,106],"tags":[],"class_list":["post-40193","post","type-post","status-publish","format-standard","hentry","category-companies-house","category-corruption","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/40193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=40193"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/40193\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=40193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=40193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=40193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}